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ROBERT H.

FRANK

THE ECONOMIC
NATURALIST
Why Economics Explains
Almost Everything
Contents

Acknowledgements be
Introduction 1
Rectangular Milk Cartons and Cylindrical Soft-
Drinks Cans: The Economics of Product Design 15
Free Peanuts and Expensive Batteries: Supply and
Demand in Action 32
Why Equally Talented Workers Often Earn
Different Salaries and Other Mysteries of the
World of Work %
W h y Some Buyers Pay More Than Others: The
Economics of Discount Pricing 74
High Heels and School Uniforms: The Divergence
of Social and Self-interest 100
The Myth of Ownership 116
Contents

7 The Biggest Dog Wins the Bone: Decoding


Marketplace Signals 138
8 The Economic Naturalist Hits the Road 155
9 First Come, First Served: Psychology Meets
Economics 171
10 The Quest for Love and Money: The Informal
Market for Personal Relationships 192
11 Two Originals 208
Parting Thoughts 213
Notes 218
Index 233

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